PETCOM 2002 Ltd. is a telecommunication company, a supplier of cable, digital TV, IPTV and Internet, founded in 2002. Initially, the company started to provide the service cable TV on the territory of Byala Slatina and Popitsa. At present, the company has coverage of its services in Byala Slatina and the villages of Borovan, Tarnava, Tarnak, Popitsa, Altimir, Malorad, Oryahovo, Selanovtsi, Brenitsa, Karlukovo and Rakita. This puts the company at the forefront of the provision of TV and Internet services in the region. The purpose of PETCOM 2002 Ltd is through this project to invest in the construction of a new generation cable network for data transmission and digital TV in the town of Kneja, where the company has not operated so far. In this way PETCOM 2002 Ltd. will create a new business site, which will help to increase the broadband coverage of more subscribers (citizens, households, etc.) from Northwestern Bulgaria. As a result of the investment, the productivity will increase, the average generated export earnings, as well as the net sales revenue of the company will increase. The main activitie envisaged under this project is: 1. Activity to improve the production capacity by creating a new business site in the town of Kneja.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 17 Feb, 2020 |
| End date | 17 Feb, 2021 |
| Contract date | 17 Feb, 2020 |
Programme
Beneficiary
Financial information
| Total cost | 649,759.00 |
|---|---|
| Grant | 454,831.30 |
| Self finance | 194,927.70 |
| Total paid | 409,348.17 |
| EU participation percent | 85.0% |
Location